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• Sustainability Report
  • Mission, Vision, Vision and Values of Attributes
  • Message from the CEO
  • About the Report
    • Sustainability Report
  • Corporate Performance
    • Profile
    • Corporate governance
    • Strategy
    • Intangible assets
    • Our stakeholders
    • Responsibility for products
  • Operational Performance
    • Our activities
  • Results and Contributions to Society
    • Economic and financial results
    • Contributions to society and indirect impacts
  • Employment Practices and Human Rights
    • People management
    • Human rights
  • Environment
    • Environmental management
  • Social Balance According to the IBASE Model
  • GRI Table of Contents
  • Independent Auditors’ Limited Assurance Report
  • Annexes
• Financial Analysis and Financial Statements
  • Financial Analysis
  • Financial Statements
  • Notes to the Financial Statements
  • Annexes

Years ended December 31, 2010 and 2009

(In millions of reais, except otherwise indicated)

1. The Company and its operations

Petróleo Brasileiro S.A. - Petrobras is a Brazilian petroleum company which, directly or through its subsidiaries (referred to jointly as Petrobras or the Company) is dedicated to prospecting, drilling, refining, processing, trading and transporting petroleum originating from wells, schist or other rocks, and oil products, natural gas and other liquid hydrocarbons, in addition to activities connected with energy and it may carry out research, development, production, transport, distribution and trading of all forms of energy, as well as any other correlated or similar activities. The Company's head office is located in Rio de Janeiro - RJ.